Loan Census Banking News and Information
May 3, 2024  
 
 
  Business Loan Information  
 

Banks in Denver, Colorado That Make SBA Loans

 

 
Loan Census SBA Loan Info

Entrepreneur Works With Denver, Colorado Bank to Get an SBA Loan

Thinking about meeting with a Denver, Colorado bank about an SBA loan? Here's one Colorado business loan, issued by a Denver bank, that was approved by the SBA.

Applying for an SBA loan with Premier Bank worked out well for our friends at one local company in Denver, Colorado. They received an SBA loan for $540,000. Nice!

SBA Loan Borrower

COMPANY TYPE: BEER, WINE, AND LIQUOR STORES
DENVER, CO 80224

SBA Loan Lender

PREMIER BANK
1630 STOUT ST
DENVER, CO 80202

This lender provides SBA debt financing as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

445310 - Beer, Wine, and Liquor Stores

Loan Approval Date

8/23/2002

Loan Approval Gross Amount

$540,000

Loan Approval from the SBA

Of the total $540,000 loan amount, the SBA guaranteed $405,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 2 employees. The SBA loan documents indicated that the loan would help generate 2 new jobs.

Getting an SBA Loan For Your Business

Remember, you apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan.

This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.

About This SBA Loan Information:

All SBA loan data displayed above comes from the government's publicly available SBA loan database. Information on this page is provided by the Gaebler.com news organization to inform business owners, aspiring entrepreneurs and others about SBA loan activity. LoanCensus.com does not assist businesses with obtaining SBA loans and was not involved in any way with this transaction. For additional information, see our Loan Information FAQ.

Related Links:

Business Cash Advances

SBA Banks in Denver, Colorado

Colorado SBA 7A Lenders